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A deal for Bakkavor China Holdings has been struck with a unit of Lihoo's (Qingdao) Food Industry Company.
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Associated British Foods said it will provide an update on the future of the Kingsmill bread owner in the second half.
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The strikes, which started today (29 April), are taking place at the company’s factories in Burton Latimer and Corby, Northamptonshire.
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The tax would hit drinks with 4g sugar per 100ml, down from 5g.
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The company said cost and price pressures have been “increasing simultaneously” in this business segment for many years.
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A guide to some of the in-house, corporate-venture arms operated by the world’s major packaged-food companies.
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The FDA concedes there is no agreement in place but an “understanding” with industry.
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Amid consumer anxiety, the brands that prosper will be the ones that understand that “cheap” isn’t enough, writes Victor Martino.
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